Rajasthan would soon host several development projects in the textile, defense and aviation sectors. For this, the Rajasthan Government has entered into an understanding with SVP International Group for the investment of Rs. 4,000 crore for the development of facilities related to these sectors. In presence of Chief Minister Ashok Gehlot, an MoU was signed. As per the agreement, SVP Group would develop a project for defense and aerospace including aircraft maintenance, repair and overhaul (MRO) facilities, an aviation academy, and another project related to textile. These projects would generate employment for more than 4000 people. Prior to this, representatives gave a presentation and shared the details of the projects proposed by the company. For the time-bound implementation of these investment projects, the state government has constituted a committee chaired by Principal Secretary Industries. Commissioner, Investment, and NRIs will be the Member Secretary, Managing Director RIICO, concerned District Collectors, Director Civil Aviation and representatives of SVP group will also be the members of this committee.
